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Improved Mixed-Use Land for Sale in Upper Matecumbe Key, Florida

86560 Overseas Hwy, Upper Matecumbe Key, FL 33036

$4,499,000
3.12 acres
Pending sale
Under contract

This exceptional property features 3 acres of pristine industrial upland, complemented by an additional 9 acres of bayfront land. The bayfront area includes plans for a 100' dock and two 30,000 lb boat lifts, which can be negotiated. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.

1,080
Sq feet
2
Beds
1928
Built

Location

Street address
86560 Overseas Hwy
Community
Misc Upper Matacumbe (82.0)
Elevation
10 feet
Coordinates
24.9586, -80.5757

Property details

Acreage
3.12 acres
Zoning
I - Industrial District
MLS #
FLKEYSMLS 611348
Posted

Property taxes

2023
$10,780

Parcels

  • 00092070-000000

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

View
Water

Structure

Materials
Combo Construction, Frame, Manufactured, Stucco

Interior

Rooms
Bedroom x 2
Appliances
No Appliances

Listing history

DateEventPriceChangeSource
May 22, 2026New listing$4,499,000FLKEYSMLS
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This 3.12-acre property is located at 86560 Overseas Hwy in Upper Matecumbe Key, FL 33036. The property is pending sale. It has a 1,080 sq ft 2 bedroom house built in 1928.

Listed by Real Estate Sales Force, (305) 392-1497

Checked 1 hour agoUpdated

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